Mesa Uranium Corp.



Show printable version of 'Acquires Buena Vista Lithium Project' in a New Window



 November 23, 2016
Acquires Buena Vista Lithium Project

 Mesa Exploration Corp. (TSX-V: MSA, OTCPK: MSAJF) (the "Company" or "Mesa") is pleased to announce the acquisition by staking of the Buena Vista lithium project in Nevada. The Project consists of 16 placer mining claims covering 320 acres, located 90 miles east of the new TESLA lithium battery factory. An all-weather road network exists and the Project is located within 20 miles of Interstate highway and rail transport.
The project is within the physiographic and geophysical low of a 737 square mile closed basin; Clayton Valley, the basin hosting the Silver Peak lithium brine mine, is 556 square miles.

Buena Vista Basin exhibits many critical factors necessary for the creation of a lithium brine as described by the United States Geological Survey and Nevada Bureau of Mines and Geology:

• Tertiary aged lithium bearing igneous and volcanic source rocks;

• Tectonically driven subsidence basin;

• Multiple overlapping geothermal clusters promoting brine circulation;

• Nearby volcanic calderas conducive to enriching source rocks with lithium;

• Arid climate promoting concentration through evaporation;

The company plans to carry out an exploration program this Winter to determine the potential for a lithium brine deposit. The exploration program will consist of shallow sampling followed by a geophysical program to define potential drill targets.

About Mesa Exploration:
Mesa is exploring a portfolio potash, gold and silver mineral properties in the United States where it controls significant land holdings in proven mining districts with excellent access and infrastructure. Mesa currently has 18 million shares issued and outstanding, 50% of the shares are controlled by insiders and institutions. For further information please visit our website at www.MesaExploration.com.

ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.


(signed) Foster Wilson, President and CEO

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com

For further information call:

Corporate Communications, 775-771-5219

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
 
 

You can view the Next News Releases item: Tue Jan 17, 2017, Acquires the Noah Uranium Project in Utah

You can view the Previous News Releases item: Wed Oct 26, 2016, Acquires Blue Wing Lithium Project

You can return to the main News Releases page, or press the Back button on your browser.



Adnet Communications Inc.